All Rental Articles
Portable accommodation giant Algeco Scotsman has acquired Speedy's loss-making UK accommodation rental business for £34.9 million, including 14 leased depots.
Terex AWP's (Aerial Work Platforms) net sales for the first quarter of 2011 increased $161.1 million, (74.7%), to $376.8 million compared to the first quarter of 2010 and backlog has risen a massive 123%.
Boels Verhuur has acquired the HuurMax rental division of Netherlands builders merchant and DIY store owner RAB Beheer.
Refinancing charges of US$49 million in the first quarter of 2011 saw RSC Equipment Rental post a net loss of $50 million for the period, compared to a loss of $38 million in the same quarter in 2010.
New Construction Technique division to include tools and road building equipment alongside portable compressors and generators. Mining and rock excavation will be a separate business.
Lavendon’s revenues have grown by 11% in the period from 1 January this year to 20 April, with France and Belgium both seeing more than 20% growth, followed by Germany with a 17% increase.
Europe’s rental market continues to be ‘twin-track’ in terms of business confidence according to the IRN/ERA RentalTracker survey for the first quarter of 2011, with the Nordic countries, France and Germany remaining confident but the UK/Ireland, Benelux, Italy and Spain far less so.
United Rentals halved its net losses to US$20 million in the first quarter of 2011 and reported a 9.4% increase in revenues to US$523 million for the period. Rental revenues rose by 14.2% to $434 million.
The aerial platform industry needs to take a more professional approach to the selection, design and use of outrigger pads, said Chris Wraith, QSHE manager (Quality, Health, Safety and Environment) at Lavendon Access Services, speaking at the IPAF Summit Conference in Amsterdam on 14 April.
Gérard Déprez, chief executive officer of Loxam – Europe’s largest equipment rental company – urged aerial platform manufacturers not to overlook the requirements of the European rental sector as they chase emerging markets in Asia and Latin America.
Volvo is moving its North American Volvo Rents business from the Volvo Construction Equipment division to become a subsidiary of AB Volvo.
Denmark’s BMS A/S has sold its aerial platform rental division to Riwal Denmark and will now focus on its crane rental business.
Paul Adorian and Pierre Saubot were joint winners of the lifetime achievement award at the 2011 International Awards for Powered Access (IAPA) awards ceremony held in Amsterdam on 14 April before an audience of more than 450 people.
JLG’s Wayne Lawson has been elected as the new president of IPAF, succeeding Steve Shaughnessy, who has decided to step down after one year of his two year presidential term.
Haulotte Group's sales were $104.3 million in the first quarter of 2011 compared to 2010, an increase of 50.7%. The company said increased sales in Asia, Brazil and Europe are contributing factors, as well as demand in North America from rental companies that are refreshing fleets.
JCB has signed up for the International Rental Exhibition (IRE) in Amsterdam on 7-9 June, joining other big name exhibitors including Terex Construction, Volvo, Atlas Copco, Wacker Neuson and Hilti.
Steve Citron, a name well known in the US rental industry from his days with Terex/Genie, Haulotte/Bil-jax and MEC Aerial Platforms, is starting afresh with a new company making material lifts.
The American Rental Association's The Rental Show will return to Las Vegas in 2013 but at a new venue - the Sands Expo and Convention Center. Headquarter hotels will be the Venetian and Palazzo.
Arizona-based Acme Lift Co., a wholesale rental company, has added Genie Z-80/60 self-propelled articulated aerial work platforms to its fleet.
United Rentals' Canadian subsidiary is to acquire Venetor Group, a seven-location equipment rental company in Canada, for an undisclosed price.
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